Fairfax Financial Holdings completes $900,000,000 senior notes offering for debt repayment and acquisitions.
From GlobeNewswire: 2025-05-20 17:02:00
Fairfax Financial Holdings Limited has completed a private offering of US$500,000,000 in 5.750% senior notes due 2035 and US$400,000,000 in 6.500% senior notes due 2055. The net proceeds will be used for debt repayment, potential acquisitions, and general corporate purposes. The offering was made through private placement to qualified institutional buyers and non-U.S. persons. The Notes have not been registered under the Securities Act and may not be offered in the U.S. or Canada. Fairfax is a holding company primarily engaged in insurance, reinsurance, and investment management. For more information, contact John Varnell, Vice President, Corporate Development at (416) 367-4941.
Read more at GlobeNewswire: Fairfax Completes US$900,000,000 Senior Notes Offering